I Was charged  deferred interest at the end of a promotional period. We used "care credit" to help us finance some emergency dental work. There was a promotional period in which there was very  little  interest charged. As we approached the end of that period, a new promotion became available and we used it for additional dental work. I am certain that we were notified on some portion of the bill that the promotion period was ending, but what we were not made aware of (likely it was indicated in the fine print) was that we would be made to pay a deferred interest rate of 26% on every service we ever purchased through care credit. The summary is that what would have been Paid off in several months, could take 3 years to pay off according to their payment plan. The worst thing about this is that it is probably legal, even though it is clearly unethical. Care credit presents themselves as an alternative to ihigh interest credit cards, but then designs its payment plans so that they extend beyond the promo period and you get charged interest at rates much higher than the average credit card. To pass your company off as an assistance to people in need and then to take advantage of them through predatory lending is unethical in the extreme. Stay far away from care credit!!!